Spartan Posted December 16, 2020 Report Posted December 16, 2020 A sign of state government’s keenness in developing Kadapa district as an industrial zone is Chief Minister Y. S. Jagan Mohan Reddy laying the foundation stone for a unit of Apache Intelligent SEZ, a well-known footwear manufacturer, in Pulivendula on Christmas Eve, December 24. Apache will be investing Rs. 70 crore in the leather industry, which will provide employment to around 2,000 local people, officials disclosed. Incidentally, the Chief Minister will be in Pulivendula, his home town, to participate in Christmas celebrations on December 25. Representatives of Apache Group had recently met District Collector Chevuri Harikiran to discuss various issues related to establishment of their unit in Pulivendula. Anil Kumar Reddy, special officer, Pulivendula Area Development Agency (PADA), last week showed company representatives the space allotted to Apache in the Industrial Development Park (IDP) of the town. Company deputy general manager Muthu Govindaswamy and his team inspected the 27.94 acres area allotted to their unit. The Apache site is behind Jawaharlal Nehru Technological University (JNTU) College of Engineering. Landscaping work at the industry is already underway. District industries general manager Chand Basha, APIIC general manager Vijayalaxmi, and other officers interacted with the team led by Govindaswamy on Wednesday. Company representatives have entered into an agreement with an event organiser based in Hyderabad regarding arrangements for the inaugural ceremony on the Christmas Eve. Apache’s headquarters is at Inagaluru near Srikalahasti in Chittoor district. District collector Harikiran reiterated that the CM is determined to develop Kadapa district industrially. Quote
Spartan Posted December 16, 2020 Author Report Posted December 16, 2020 70cr endi vayya ... leather industry investment anta cheap aa.. Quote
trent Posted December 16, 2020 Report Posted December 16, 2020 Endi 70cr tho 2000 employees a 😂🙏🏼 Quote
Sachin200 Posted December 16, 2020 Report Posted December 16, 2020 55 minutes ago, Spartan said: 70cr endi vayya ... leather industry investment anta cheap aa.. Leather source amiti ? Any info? BJP encourage cheyaru ga traditional leather ayitey Quote
r2d2 Posted December 16, 2020 Report Posted December 16, 2020 1 hour ago, Spartan said: 70cr endi vayya ... leather industry investment anta cheap aa.. handicrafts yemo... Quote
Pappu_Packitmaar Posted December 17, 2020 Report Posted December 17, 2020 2 hours ago, Spartan said: 70cr endi vayya ... leather industry investment anta cheap aa.. Leather, garment industries ki entha ayitadi vaa...sastha..!! They don’t need too much of infra kada..2000 jobs koncham pulka type PPT content lekka vundi kani 500-1000 jobs makes sense... Shoes design and stitch cheyadam ae kada...all that need is a roof under which they can work and machinery... Quote
Ryzen_renoir Posted December 17, 2020 Report Posted December 17, 2020 Apache is a contract manufacturer for big brands like adidas . Nellore lo footwear plant undhi . Nothing explains India’s job creation challenge better than a comparison between Reliance Industries (RIL) and Shahi Exports. While RIL is a familiar name to nearly all, most readers would not have heard of Shahi Exports. If we are to solve our jobs problem, this needs to change. The RIL reports $110 billion in assets and 250,000 employees across its various ventures. Therefore, it employs five workers for each $2.2 million in assets. Shahi Exports, which is India’s largest apparel exporter, has assets worth $185 million and employs 106,000 workers in its apparel factories. Therefore, it employs 1,260 workers for every $2.2 million in assets. For the same investment, Shahi Exports creates 252 times the jobs that RIL does. Jobs that Shahi Exports creates are what India needs most today. Its factories can take someone with fifth-grade education and impart necessary training in just six weeks. On average, these workers earn Rs 15,000 a month. About 60% of Shahi Exports employees are women. If we could rapidly multiply what Shahi Exports does, we could begin expanding formal-sector jobs rapidly — especially for women. Apparel requires modest investment per job and the demand for it is there. In 2015, the apparel export market was $465 billion. India exported $18 billion of it compared with China’s $175 billion. High wages are now forcing China to withdraw from this market. From $187 billion in 2014, its apparel exports have fallen to $158 billion in 2016. India must take the space China is vacating. To understand what needs to be done, we must ask why India has not done well in this sector to date. For decades, our policies reserved apparel for production by small-scale enterprises. These enterprises were too small and their product quality too low to succeed big in the export markets. Quote
Ryzen_renoir Posted December 17, 2020 Report Posted December 17, 2020 Fun fact , Sri city lo ippati varaku 4-5 bil$ investment vachindhi but apache footwear ,mambattu employs almost half the people as all other companies combined in Sri city . India is a huge failure in utilising this market even though millions of people are unemployed . Entha sepatiki Ambani , Adani ki entha dochina waste . They can neither compete around the globe or create jobs . Bangladesh penta thini nerchukovali indian governments , they were able to cross india in per capita income due to focus on apparel industry . Quote
AndhraneedSCS Posted December 17, 2020 Report Posted December 17, 2020 4 hours ago, trent said: Endi 70cr tho 2000 employees a 😂🙏🏼 Leather ni process chesi products ga marchadam... purely man power needed. Not a lot of money for investment. They have to buy a sewing machine for each person or something similar Quote
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